Category Archives: Financial

Prepare for an Onslaught of Foreclosures

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By Sydney Sullivan

Sometimes (most of the time) we have to wonder – whose bright idea was the foreclosure and eviction moratorium? Did they have no sense of consequence? The idea in and of itself was good at the time – but the execution leaves a lot to be desired. Why in the world would the Congress agree to a moratorium of mortgage payments be allowed to use a “forbearance” program?! Here we go again.

FOR IMMEDIATE RELEASE:

March 1, 2021
MEDIA CONTACT:
Office of Communications
Tel: (202) 435-7170

NEW REPORT FROM CONSUMER FINANCIAL PROTECTION BUREAU FINDS OVER 11 MILLION FAMILIES AT RISK OF LOSING HOUSING Federal foreclosure moratorium slated to end June 30, 2021 WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued a report that warns of widespread evictions and foreclosures once federal, state, and local pandemic protections come to an end, absent additional public and private action. Over 11 million families are behind on their rent or mortgage payments: 2.1 million families are behind at least three months on mortgage payments, while 8.8 million are behind on rent. Homeowners alone are estimated to owe almost $90 billion in missed payments. The last time this many families were behind on their mortgages was during the Great Recession.

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Do Bank Foreclosure Attorneys Believe in Karma?

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By Sydney Sullivan

The stories you are about to read are relatively true with some poetic liberties, the names have been changed to protect the innocent. God took care of the guilty.

Karma comes from the Sanskrit word, karam, or action. The Law of Karma talks about the consequences of our actions. Or in other words, cause and effect. You may or may not call it karma, but for most of us, we have one of the following ideas already implanted.

  • You reap what you sow –
  • What goes around comes around –
  • You get what you give –
  • Life always come “full circle” –

How does this apply to bank foreclosure attorneys?

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Well, Isn’t This Special…

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By Sydney Sullivan

In the process of research for a homeowner in the throws of foreclosure hell, albeit stayed in moratorium for the purposes of COVID as a “Federally backed mortgage loan” pursuant to the 2020 Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a little unknown gem of information surfaced.

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An Open Letter to President Donald J. Trump & HUD Secretary Ben Carson

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Regarding the 2020 Foreclosure & Eviction Moratorium

By Sydney Sullivan

For nearly a dozen years, we have followed the securitization/rehypothecation crisis and corruption on behalf of over 200 million American Homeowners (2.5 per HH) and their families. It’s been a tough 12 years and some families are still fighting fraudulent bank foreclosures since 2009. Can you even imagine a lawsuit and the threat of losing your home for over a decade, waking up every morning wondering when the sheriff is coming to throw you, your family and your belongings out on the street?

Thank you in advance for considering our plight. We applaud your “Moratorium” on evictions and foreclosures and the extension which you added just this week – but Sirs, it’s very limited. It doesn’t reach a lot of people that are in dire need and let us tell you why.

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Milton – Please Share.

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This is profoundly brilliant. I don’t know who he is other than “Milton” was on the link that was sent to me. I wish I could articulate this sad state of affairs we find our country in today as well as he has.

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Held Hostage in Politically-Biased #DisingenuousTwitterPrison By Twitter Extortion

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By Sydney Sullivan

*freedom of speech *social media *shoot to kill *protests ...
Disingenuous Twitter Prison – Limited Freedom of Speech & Due Process

If Twitter wasn’t so juvenile and painfully politically biased this Twitter prison sentence wouldn’t be worth my time to post. But since COVID-19 has turned into a political weapon rather than a imminent concern, its very hard to take any politician seriously on the subject.

As litigation paralegals, we research everything and weigh the evidence. There is more information available that confirms face masks are more unhealthy than any good they actually do. In the early phases of this COVID scare, we made over 200 masks for our local community. We were careful to use recommended material and even added an iron-on interfacing with more secure strapping.

But as time went on, people in the stores had paper masks hanging off their faces and more stories about how useless masks were against such a tiny virus began to surface. Dr. Fauci didn’t help either. One day he was “no masks needed” and the next time “wear masks”. And let’s face it, politicians are not always the brightest light bulbs on the planet – so whatever they hear last is where they stand.

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The Housing Vultures – New Book Review

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A Review by Francesca Mari

Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream by Aaron Glantz

“In an alternate reality, the one progressives wanted, the government wouldn’t have bailed out the banks during the 2008 crash. When mortgage-backed securities began catching flame like newspaper under logs, the government would have prioritized struggling homeowners instead. It would have created a corporation to buy back the

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The Eerie Similarities Between American Homeowner Foreclosure and the US House Impeachment Inquiry(s)

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By Sydney Sullivan

For over a decade, American Homeowners have been fighting the corruption that stems from the banks to legislators and down through the judiciary… and all the way up to the top of the political chain. Mortgages and Notes were faux pieces of paper created after American Homeowners filled out Fannie Mae 1003 applications where their personal  information and properties were sold into securitization/rehypothecation slavery before they signed the fake mortgage deals.

With this corruption grew tons of charlatans riding the gravy train at the expense of naive, sleepy homeowners and business owners who trusted their banks and Continue reading →